CMS Cuts Pay To Hospitals With High Readmission Rates

Law360, Los Angeles (August 2, 2013, 9:57 PM EDT) -- The Centers for Medicare and Medicaid Services will reduce by 1 percent payments to hospitals with high rates of readmitted patients and adjust the amount it pays to hospitals that serve a large number of low-income patients, according to a rule issued Friday.

CMS said it will cut by at least 1 percent payments to hospitals with higher rates of patients who are readmitted within 30 days or patients who contracted medical conditions while in the hospital, according to the final rule, listed in the Federal...